The morning price comparison quickly made a strong pullback from the 94000 line, pulling the price down to around 92700. This downward movement provided nearly 1300 points of space, after which bulls strongly intervened, bringing the price back above 94000. Our earlier short positions captured 900 points, and we then reversed to catch a long position, gaining over 1000 points again. This is the benefit of following the trend, with Ethereum synchronously entering the market to capture nearly 60 points. Currently, the price is around 94300.
From the current trend, the price shows a strong V-shaped structure, with bulls already exerting force. The bulls are still in a strong phase, and from the four-hour level, a golden cross has formed, clearly indicating an upward trend. The hourly chart has shown a pattern of five consecutive bullish candles, so friends who haven't jumped into a long position this afternoon should catch up quickly.
Bitcoin Strategy: Long around 94000, target 95500
Ethereum Strategy: Long around 1790, target 1850
